2512 Lawndale, Plano (Dallas) – Fix and Flip
16.06.2011 Blog, Dallas, Fix and Flip, Foreclosures, General Investing, Investment Properties, Properties, Single Family
2512 Lawndale, Plano Analysis Report
PURCHASE COSTS: | |
Purchase Price | ($129,900.00) |
Inspection(s) | ($275.00) |
Appraisal(s) | ($450.00) |
Survey(s) | ($275.00) |
Lender Fees/Costs | ($2,000.00) |
Closing Costs | ($1,000.00) |
Other | $0.00 |
Total: | -$133,900.00 |
REHAB COSTS: | |
Labor (from page 2) | ($20,000.00) |
Materials (from page 2) | $0.00 |
Total: | -$20,000.00 |
HOLDING COSTS: | |
Mortgage Payments | ($2,000.00) |
Property Taxes | ($1,000.00) |
Insurance | ($300.00) |
Utilities | ($500.00) |
Lawn Care | ($150.00) |
Other | $0.00 |
Total: | -$3,950.00 |
SELLING COSTS: | |
Selling Price | $180,000.00 |
Commission To Agents | ($10,800.00) |
Buyer Home Warranty | ($350.00) |
Buyer Termite Letter | $0.00 |
Buyer’s Closing Costs | ($1,800.00) |
Seller’s Closing Costs | ($500.00) |
Total: | $166,550.00 |
PROFIT: | $8,700.00 |
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